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Question: the cpi for all items was 233707 in january 2015...

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The CPI for “All Items” was 233.707 in January 2015, and 236.916 in January 2016. Over this period, the rate of inflation as measured by the rate of change of the CPI was ? .

True or False: When one calculates a single rate of inflation using the CPI for “All Items,” it means that all categories of goods and services experienced the same rate of price change over that period.

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